According to Sundaram Finance's latest financial reports and stock price the company's current Operating Margin is 97.17%. At the end of 2024 the company had an Operating Margin of 96.72%.
Year | Operating Margin | Change |
---|---|---|
2024 | 96.72% | 52.59% |
2023 | 63.39% | 118.82% |
2022 | 28.97% | 9.46% |
2021 | 26.46% | -33.44% |
2020 | 39.76% | -15.87% |
2019 | 47.26% | 39% |
2018 | 34.00% | 53.58% |
2017 | 22.14% | 32.85% |
2016 | 16.66% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.